Many technical indicators are pointing towards a continuation of the current uptrend. Company has solid potential with its shake app, which is adding influencers every week. IMO the influencer marketing space is only going to get bigger adding to the potential upside of IZEA.
But..
RSI has more room to fall before hitting oversold. The 50EMA is extended over the 100EMA and looking like it might want to reverse to the downside, and a bearish investorplace article was published recently.
What do you all think? I appreciate any comments or critiques, thanks for looking!
But..
RSI has more room to fall before hitting oversold. The 50EMA is extended over the 100EMA and looking like it might want to reverse to the downside, and a bearish investorplace article was published recently.
What do you all think? I appreciate any comments or critiques, thanks for looking!
Trade active:
Price still holding the support area on low volume, despite continued broad market pullback. RSI still showing a possible slowing of momentum to the downside. Price broke the 12EMA briefly. Current average $4.94